State Industrial Infrastructure Development Scheme to boost Industrialisation

By Accommodation Times Bureau

CHANDIGARH

Haryana Government has notified the “State Industrial Infrastructure Development Scheme (SIIDS)” to create or strengthen Industrial Infrastructure for the Promotion of Industrialization in the State.

While stating this here today, a spokesman of Industries and Commerce Department said that the scheme aims to create or upgrade basic industrial infrastructure that is road, sewage and electrification, creation of technical infrastructure such as Testing Laboratory, Research and Development Center, Design Development Center and Skill Development Center, setting up of exhibition-cum-convention centre, firefighting stations, setting up of Common Effluent Treatment Plant and any other project which is considered crucial for growth of industries in the state.

He said that under the scheme, funds for the approved projects would be sanctioned to the State Public Sector Undertaking, Corporations and Boards of the State Government, State Government Departments and Special Purpose Vehicle (SPV) on the terms and conditions fixed by the Government. He said that the strength or capability of the SPV in implementing the technical infrastructure projects including exhibition-cum-convention centre would be ascertained by the State Industrial Infrastructure Development Committee and the decision for approval would be taken on the merit of the project. The project would be implemented through State Government Agency, he added.

While referring to the criteria for approval of the project, the spokesman said that the funding for the project approved under this scheme would be on a cost-sharing basis in the ratio of 75:25. The 75 per cent would be borne by the State Government and 25 per cent by the implementing agency. He said that the cost of land would not be considered for funding as part of the project cost and it would be borne by the concerned Department or Organization. However, the State Industrial Infrastructure Development Committee may consider full funding of the project on merits.

He said that all the administrative expenses connected with the implementation of the project would be met by the concerned Department or agency out of their own budget and no part of the scheme funds would be used to meet such expenditure. He said that the project proposal should be exhaustive and precise and all aspects related to projects should be supported by data, surveys and projections for future. Apart from this, the project proposal should be accompanied by an executive summary, which should contain the facts including name and complete address of the proposing organization, name and complete address of the implementing organization, status of the implementing agency (whether government agency or SPV), total cost of the project, financing pattern, whether finance from source has been tied up, whether land, if required, is available for the project, project phasing and date of completion, scope of work and main benefits accruing from the project.

The spokesman said that details on each of the parameters indicated should be included in the detailed project report. The report should also contain, inter alia, detailed cost-benefit analysis, details of the cost of each component of the project and benefits accruing from the projects in both qualitative and quantitative terms for growth. The proposal after technical and financial vetting must be duly recommended by the Competent Authority of the concerned Department or Organization, he added.

He said that the projects would be sanctioned and monitored by the State Industrial Infrastructure Development Committee. The committee would comprise of Chief Secretary as Chairman and Director of Industries and Commerce as Member Secretary. The other members of the committee included Administrative Secretary, Industries and Commerce Department, Administrative Secretary, Urban Local Bodies Department, Administrative Secretary, Town and Country Planning Department, Managing Director, Haryana State Industrial and Infrastructure Development Corporation and Chief Administrator, Haryana Shahari Vikas Pradhikaran.

He said that the funds would be released by the Industries and Commerce Department for the projects sanctioned under the State Industrial Infrastructure Development Scheme (SIIDS) after submission of Utilization Certificate (UC) by the implementing agency and the project would be completed within three years.

 







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